Fu Yuwu, Honorary Chairman of China SAE: BYD's Wang Chuanfu Set a Good Example

Deep News
12/08

At the 2025 China Entrepreneurs Influence Annual Conference, Fu Yuwu, Honorary Chairman of the China Society of Automotive Engineers (China SAE), China Automotive Talents Association, and Huaqi Automotive Culture Foundation, highlighted BYD's Chairman Wang Chuanfu as a role model for industry leaders. Wang's speech emphasized that leading enterprises should act as benchmarks, setting a positive precedent for the sector.

Fu outlined three key themes: 1. **Innovation**: He stressed that without innovation, companies like XPeng and its "XPeng Tech Day" would not exemplify China's intelligent automotive transformation. Similarly, Yilun Ying's rapid success in the automotive sector, with his smart cockpit and telematics firm becoming the first H-share listing in Hong Kong, underscores the power of innovation.

2. **Legal Governance**: Fu called for integrating China's automotive industry into a legal governance framework. He referenced the industry adage "joint management," noting that while the sector has grown significantly in scale, it still lacks strength and excellence—qualities unattainable without robust legal oversight.

3. **ESG Commitment**: Advocating sustainable development, Fu urged companies to embrace social responsibility and new values. He expressed confidence that post-2025, China's automotive industry would foster a healthier, more transparent development environment.

The remarks were delivered at the conference, with no endorsement implied by the platform hosting the transcript.

For in-depth analysis and updates, refer to financial news platforms.

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